| Description | Your opportunity to own a legal short-term vacation rental in the Luana Waikiki, now offered at a compelling NEW PRICE. Currently the lowest-priced unit available above the first floor, this residence presents exceptional value for investors and 1031 exchange buyers alike. The fully furnished unit features a kitchenette with a two-burner stove, travertine flooring, a queen bed with pull-out sofa, and open city and mountain views that elevate the experience for owners and guests. Luana Waikiki is a well-managed boutique building with resort-style amenities, including a pool, BBQ deck, fitness center, community laundry, valet parking, and more. Owners enjoy flexibility—use the unit personally, generate income through short-term rentals, or participate in the hotel rental management program. Located in the heart of Waikiki, you’re just minutes from world-famous Waikiki Beach, Diamond Head, Kapiolani Park, the Honolulu Zoo, Fort DeRussy Beach, and premier shopping and dining. With the recent price improvement, this is one of the best value opportunities in the building. Opportunities like this don’t come around often—especially at this price point. |
|---|---|
| Status | Sold since 06-02-2025 |
| MLS# | 202513158 |
| Price | $339,000 |
| Original Price | $399,000 |
| Price Change | $-60,000 (-15.04%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 313 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $963 |
| Lanai Sq Ft | 34 |
| Building | Luana Waikiki |
| Address | 2045 Kalakaua Avenue 618 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 269 |
| Year Built | 1971 |
| Condition | Excellent |
| View | City, Garden, Mountain |
| Parking | None |
| Zoning | X6 - Resort Mixed Use Precinct |
| Flood Zone | Zone AO |
| Tax Amount | $487 |
| Assessed Land | $86,900 |
| Assessed Building | $333,200 |
| Assessed Total | $420,100 |
| Assessed Ratio | 81% |
| Inclusions | AC Window Unit, Cable TV, Drapes, Kitchenware, Linens, Microwave Hood, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Laundry, Concierge, Doorman, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Restaurant, Security Guard, Valet |
| Construction | Concrete, Double Wall |
| Flooring | Ceramic Tile |
| Disclosures | Property Disclosure Stmt |
| Furnished | Full |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Card, Security Patrol, Video |
| Parcel # | 1-2-6-006-002-0099 |
| Listing courtesy of | Compass |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 03-10-2026 | 202513158 | Sold | C | S | $339,000 | $300,000 | $420,100 | $86,900 | $333,200 |
| 02-26-2026 | 202513158 | Active Under Contract | A | C | $339,000 | $300,000 | $420,100 | $86,900 | $333,200 |
| 01-14-2026 | 202513158 | Price Decrease | $379,000 | $339,000 | $339,000 | $300,000 | $420,100 | $86,900 | $333,200 |
| 10-17-2025 | 202513158 | Price Decrease | $389,000 | $379,000 | $339,000 | $300,000 | $420,100 | $86,900 | $333,200 |
| 07-28-2025 | 202513158 | Price Decrease | $399,000 | $389,000 | $339,000 | $300,000 | $420,100 | $86,900 | $333,200 |
| 06-02-2025 | 202513158 | New Listing | A | $339,000 | $300,000 | $420,100 | $86,900 | $333,200 | |
| 06-10-2024 | 202407242 | Sold | C | S | $390,000 | $390,000 | $335,300 | $88,800 | $246,500 |
| 05-03-2024 | 202407242 | Active Under Contract | A | C | $390,000 | $390,000 | $335,300 | $88,800 | $246,500 |
| 04-15-2024 | 202407242 | New Listing | A | $390,000 | $390,000 | $335,300 | $88,800 | $246,500 |
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